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Investment products tied to XRP recorded a major acceleration in capital inflows amid a large-scale rotation out of heavyweight assets like Bitcoin and Ethereum. According to fresh data from CoinShares, global XRP-based products saw inflows surge to $67.6 million over the past week - a 70% increase compared to the previous week's $39.6 million.
At first glance, the regional breakdown created the illusion that Europe had completely overshadowed the United States. Indeed, amid geopolitical tensions in the Middle East, U.S. investors aggressively reduced risk exposure, resulting in a massive net outflow of $1.1403 billion from the country.
Bitcoin lost $981.5 million, while Ethereum saw $249.3 million exit the market.
US investors flee Bitcoin but drive a 70% surge in XRP
Still, as more precise local data from SoSoValue shows, US investors have not lost confidence in the crypto market as a whole. In fact, the overwhelming majority of the global $67.6 million inflow came from U.S. spot XRP ETFs alone, which attracted $60.50 million.
European ETPs and other regions accounted for just over $7.1 million. Nevertheless, momentum there also accelerated, as the same figure stood at $5.39 million a week earlier.
Thus, while European regions such as Switzerland (+$22.8 million) and Germany (+$22 million) demonstrated stable and broad-based interest across multiple digital assets, US investors acted aggressively and selectively, choosing XRP as the primary defensive instrument of the week.
According to CoinShares analyst James Butterfill, strong internal news flow helped prevent the altcoin market from sliding into a broader collapse. Progress on the U.S. Digital Asset Market CLARITY Act in the Senate Banking Committee significantly improved regulatory expectations among market participants.
The current administration is reportedly pushing to pass the legislation before June 4, a target considered achievable if the full Senate votes in favor.
This regulatory optimism allowed U.S. investors to temporarily ignore Bitcoin's macroeconomic pressure and focus on selective buying, turning XRP into the week's biggest beneficiary.
Dan Burgin
